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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > Climate change and steel article GHG carbon taxes
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Post by developbc on Mar 13, 2021 8:53pm

Climate change and steel article GHG carbon taxes

Great to see Pyrogenesis is poised very very well to help solve this huge issue in steel plus as we know iron ore pelletization and other industries here in Canada and rest of the world.  

Long and strong PYROGENESIS 
 
"Canada’s commitment to become carbon neutral by 2050 poses a challenge to every industry but to the carbon-intensive steel sector — responsible for five per cent of the country’s industrial greenhouse emissions —"
 
"Recognizing this, last year the Canadian Steel Producers Association (CSPA) pledged that the steel industry would work to achieve carbon neutrality by 2050..."
 
"Economics and federal policy are driving the net zero commitment. In December, Ottawa announced that the price for industrial carbon pollution will rise by $15 annually from $50/tonne in 2023 to $170/tonne by 2030. While the price will apply to only a portion of the steel sector’s emissions, the announcement was a wake-up call for the industry."
 
“At $50 a tonne, it’s an urgent issue, at $170 it’s existential,” Catherine Cobden, President of the Canadian Steel Producers Association (CSPA), said in an interview."
 
Comment by electriqueman on Mar 13, 2021 10:55pm
Nice find.... The carbon tax is all it takes for a green future...   Big industry will have no choice but to replace their equipment to meet regulations and to pay less credit carbon.  But fortunately Pyrogenesis technology is no more expensive than conventional diesel burners and is pollution free. It's electric.
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